FANG - Diamondback Energy, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+2.01 (+1.91%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close105.22
Bid0.00 x 1400
Ask0.00 x 1800
Day's Range105.56 - 109.03
52 Week Range85.19 - 140.78
Avg. Volume1,809,206
Market Cap17.658B
Beta (3Y Monthly)1.20
PE Ratio (TTM)18.81
Earnings DateN/A
Forward Dividend & Yield0.56 (0.53%)
Ex-Dividend Date2019-05-24
1y Target EstN/A
Trade prices are not sourced from all markets
  • 1 Recent Under-the-Radar Energy IPO to Put on Your Watch List
    Motley Fool2 days ago

    1 Recent Under-the-Radar Energy IPO to Put on Your Watch List

    This newly minted midstream company has big-time growth potential.

  • EIA Inventory Data Might Not Be Bullish for Oil
    Market Realist2 days ago

    EIA Inventory Data Might Not Be Bullish for Oil

    On June 26, the EIA is scheduled to announce last week’s US crude oil inventory data. A fall of equal to or more than ~7 million barrels could help the inventories spread contract. A Reuters poll suggests a fall of 2.9 MMbbls.

  • 3 Growth Stocks for In-the-Know Investors
    Motley Fool5 days ago

    3 Growth Stocks for In-the-Know Investors

    These stocks could help take your portfolio to the next level.

  • Here's Why You Should Retain Diamondback (FANG) Stock Now
    Zacks6 days ago

    Here's Why You Should Retain Diamondback (FANG) Stock Now

    Diamondback (FANG) is expected to grow on the back of Permian Basin's strength, which makes it worth retaining at the moment.

  • Wall Street Is in Love With This Oil Stock
    Motley Fool9 days ago

    Wall Street Is in Love With This Oil Stock

    Every single analyst who covers this oil driller’s stock thinks it's a buy.

  • Benzinga10 days ago

    Rattler Midstream's Stock Deserves To Trade At Premium To Closest Peers, RBC Says

    Rattler Midstream LP’s (NASDAQ: RTLR ) main competitive advantage is the contracts from its E&P corporate sponsor, Diamondback Energy, Inc. (Nasdaq: FANG ). These contracts protect Rattler Midstream against ...

  • Can the Crude Slump Dent Oil Production Volumes in America?
    Zacks14 days ago

    Can the Crude Slump Dent Oil Production Volumes in America?

    With the advent of advanced drilling technologies, oil producers are now competitive enough to produce higher volumes despite investing lower capital and employing lesser rigs.

  • Should You Be Adding Diamondback Energy (NASDAQ:FANG) To Your Watchlist Today?
    Simply Wall St.17 days ago

    Should You Be Adding Diamondback Energy (NASDAQ:FANG) To Your Watchlist Today?

    Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

  • Hedge Funds Have Never Been This Bullish On Diamondback Energy Inc (FANG)
    Insider Monkey21 days ago

    Hedge Funds Have Never Been This Bullish On Diamondback Energy Inc (FANG)

    Is Diamondback Energy Inc (NASDAQ:FANG) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]

  • Diamondback (FANG) Down 9.2% Since Last Earnings Report: Can It Rebound?
    Zacks21 days ago

    Diamondback (FANG) Down 9.2% Since Last Earnings Report: Can It Rebound?

    Diamondback (FANG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • U.S. Crude Falls Into Bear Market on Massive Inventory Build
    Zacks21 days ago

    U.S. Crude Falls Into Bear Market on Massive Inventory Build

    The federal government's EIA report revealed that crude inventories rose by 6.8 million barrels for the week ending May 31 to a nearly 2-year high.

  • 10 Stocks to Buy That Could Be Takeover Targets
    InvestorPlace22 days ago

    10 Stocks to Buy That Could Be Takeover Targets

    M&A activity continues to be reasonably strong and it should stay that way. Corporations remain flush with cash, borrowing rates are low, and the U.S. stock market sits not far off all-time highs. As a result, investors are looking for takeover targets: stocks to buy on hopes that they will be acquired, usually at a large premium to the trading price.That said, relying solely on takeover hopes is a risky strategy. It only takes one acquirer to lead to big gains, but even finding just one can be difficult. Rumors of acquisitions don't always pan out. And if a premium is priced into a stock, and a buyout doesn't come through, the declines can be steep. * The 10 Best Stocks for 2019 -- So Far These ten stocks look like attractive takeover targets. But they also have reasonably strong underlying bull cases. In other words, an acquisition might be the best-case scenario, but there are paths to upside, even if a buyer doesn't emerge.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dropbox (DBX)Source: Shutterstock The question for cloud provider Dropbox (NASDAQ:DBX) is reasonably simple. Are rivals going to buy the company for its market share, or try to take that share for themselves?At InvestorPlace, Will Healy took the bearish side, comparing Dropbox to America Online (now owned by Verizon Communications (NYSE:VZ)). Giants like Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) all are targeting the same storage space.But Dropbox has carved out an impressive niche, with a user base over 500 million. And one of those giants could easily leap forward by buying Dropbox out in a deal that probably would cost a reasonable $12-$15 billion. In the meantime, DBX stock isn't terribly expensive given its growth, at 39x next year's earnings-per-share estimates. And a big first-quarter report alongside raised full-year guidance suggests it's more than holding its own in a growing market. Diamondback Energy (FANG)Source: Shutterstock Diamondback Energy (NASDAQ:FANG) is one of the operators in the Permian Basin, which makes it a potential takeover target at the moment. Indeed, FANG shares gained nicely last month after Chevron (NYSE:CVX) announced its plan to acquire Anadarko Petroleum (NYSE:APC).The thesis was that Chevron's bid would be the first of many in a suddenly hot U.S. shale industry. The fact that Occidental Petroleum (NYSE:OXY) wound up outbidding Chevron for Anadarko only added to the optimism. * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right A recent downturn in oil prices has brought FANG back to Earth, but also made its valuation more reasonable. Dana Blankenhorn detailed the standalone case for the stock back in February at modestly higher prices. Since then, a big Q1 report and a $2 billion share buyback program have only strengthened the case. Diamondback is a valuable play on U.S. shale, and it could see a big gain if other oil majors want to build on their presence in the Permian. William Lyon Homes (WLH)Source: Shutterstock Last year, I highlighted William Lyon Homes (NYSE:WLH) as one of three homebuilders that could be an acquisition target. The sector had seen M&A, with Lennar (NYSE:LEN) acquiring CalAtlantic and Taylor Morrison (NYSE:TMHC) taking out AV Homes. Valuations were cheap, though they got cheaper as 2018 went on before a rally in 2019.And it looks like William Lyon might be open to a deal. Last month, the WLH board allowed founder and CEO William Lyon to discuss a potential sale of the company with outside investors. A strong Q1 report helped as well, leading WLH shares up 13%.But there's more potential upside ahead. WLH shares have given back some of the gains in recent trading. They still sit some 40% below early 2018 highs, and trade at less than 8x earnings. If CEO Lyon can find a buyer, WLH shares could soar. If he can't, investors buying at this price could win anyway. XPO Logistics (XPO)Source: via XPO Logistics (Modified) Investors in XPO Logistics (NYSE:XPO) could use some good news. XPO shares plunged during the market sell-off last year, and they haven't recovered. A short-seller report questioning the company's accounting added to the pressure. So did disappointing earnings and the loss of Amazon as a customer.But XPO is reacting. XPO has paused its long-running M&A efforts, with its CEO telling the Wall Street Journal that the declining share price actually led it to back off a potential acquisition. Instead, XPO is buying back its own stock at the new, lower prices. * 7 Small-Cap ETFs to Buy Now At those prices, XPO could become a takeover target. Jefferies (NYSE:JEF) made exactly that argument in late March. Home Depot (NYSE:HD) reportedly considered a deal in late 2017, which raised hopes of a bidding war. At these levels, Home Depot or another strategic acquirer could be more incentivized to step in. If they don't, buybacks and a cheap multiple to earnings suggest XPO could rally once investor sentiment begins to turn. Alexion Pharmaceuticals (ALXN)Source: Alexion Pharmaceuticals Investors could be forgiven for running out of patience with Alexion Pharmaceuticals (NASDAQ:ALXN). Over the years, Alexion has been rumored as a potential target for companies, including Amgen (NASDAQ:AMGN), Roche (OTCMKTS:RHHBY), Pfizer (NYSE:PFE) and Novartis (NYSE:NVS), among others. Elliott Management, who has a history of agitating for sales, took a stake in late 2017, which only added to the speculation.Genetic Engineering & Biotechnology News, including Alexion on its 2019 list of targets in biopharma and cited an analyst claim that BioMarin Pharmaceutical (NASDAQ:BMRN), itself a long-rumored takeover target, could be interested. As another analyst put it, Alexion's $25 billion market cap is "Goldilocks-sized". It's big enough to move the needle, but not so big as to be a "bet the company" type of deal.That said, takeover speculation hasn't done much for ALXN stock. The stock sits well below 2015 highs above $200. It has traded pretty much sideways for three years now.Yet that weak trading has come even as earnings have grown, leaving ALXN reasonably cheap. The stock trades at under 11x 2020 EPS estimates. With Ultomiris succeeding the company's flagship Soliris, earnings should stay solid for years to come. Meanwhile, a recent pullback leaves the stock well below analyst estimates. The average target price of $163 suggests 44% upside.A takeover may finally come, particularly with Ultomiris on the market. But if it doesn't, ALXN is cheap enough to gain on its own. Domino's Pizza (DPZ)Source: Shutterstock I wrote in March that Domino's Pizza (NYSE:DPZ) was simply too cheap. DPZ shares have gained since then, but even 14% higher still look attractive. This remains one of the best operators in the entire restaurant industry. And Domino's continues to take share from rivals like Papa John's International (NASDAQ:PZZA) and Yum! Brands (NYSE:YUM) unit Pizza Hut.Meanwhile, there's the potential for a takeover from an obvious suitor: Restaurant Brands International (NYSE:QSR). Cowen (NASDAQ:COWN) predicted a QSR-DPZ deal in February and it makes quite a bit of sense. Restaurant Brands has said it wants another brand on top of Burger King, Tim Hortons and Popeyes, which it acquired back in 2017. Those concepts could benefit from Domino's best practices and potentially the company's delivery expertise. * 7 Retail Stocks Winning in 2019 and Beyond Such a deal would be a huge one for Restaurant Brands, admittedly and maybe too big to swallow (pardon the pun). But DPZ, even near the highs, is a wonderful company to own even if Restaurant Brands doesn't make a move. Malibu Boats (MBUU) and Mastercraft Boat Holdings (MCFT)Source: ShortChineseGuy via FlickrShares of both Malibu Boats (NASDAQ:MBUU) and Mastercraft Boat Holdings (NASDAQ:MCFT) have come in quite a bit of late. The issue hasn't been performance: both companies delivered strong earnings reports last month, which covered the key calendar first quarter.Rather, investors are worried about the boating industry and the macroeconomic cycle. Boating demand may be under secular pressure, as younger consumers choose non-motorized alternatives like kayaks and stand-up paddleboards. Meanwhile, investors continue to fear that a recession is on the way, which has historically undercut boat sales.But the declines leave both stocks essentially pricing in the worst: MCFT trades at less than 7x forward earnings, and MBUU less than 9x. Both multiples seem too cheap, as I argued back in March. A rally soon after has fizzled, with both stocks near year-to-date lows.At these levels, both stocks, as well as marine products manufacturer Johnson Outdoors (NASDAQ:JOUT), look too cheap. And it's possible an acquirer could take advantage. Industry leader Brunswick (NYSE:BC) has sold its fitness business and built out its parts and accessories offering, but could look to add high-end market exposure through either company. Private equity could kick the tires, as the cyclical businesses might do better away from the glare of the public markets.The two companies could even consider merging themselves: Malibu and MasterCraft are headquartered less than 30 miles apart. Either way, boating stocks look cheap, and it seems likely that at some point, someone will do something about it. Sprouts Farmer Market (SFM)Source: Shutterstock Grocery store stocks like Sprouts Farmer Markets (NASDAQ:SFM) are struggling. SFM itself has traded sideways for roughly four years now. Industry leader Kroger (NYSE:KR) is down 40%+ from late 2015 levels. Competition and higher freight costs are among the worries looking forward.Even with those concerns, the sector has seen M&A. Amazon, of course, acquired Whole Foods Market back in 2017. United Natural Foods (NASDAQ:UNFI) took out Supervalu last year. And this year, Smart & Final (NYSE:SFS) agreed to go private.Sprouts could be the next grocer to receive an offer. With a market cap of $2.4 billion, it's the right size for a tuck-in acquisition by Kroger or privately held Albertsons. Strong Q1 results show the company is still growing. It has exposure to organic and natural food trends, both of which should be tailwinds going forward. And there's plenty of room for store expansion going forward. * The 10 Best Stocks for 2019 -- So Far Meanwhile, on its own, SFM is hardly expensive, trading at 15x next year's EPS estimates. That's a reasonable valuation even given the low multiples seen elsewhere in the space. It does seem like patient investors can win with SFM longer-term, with the possibility that more immediate returns will come. Xilinx (XLNX)Source: Shutterstock The biggest concern with semiconductor developer Xilinx (NASDAQ:XLNX) is that seemingly everyone already thinks the company is going to be bought out. Speculation goes back for years, yet no buyer has emerged.Meanwhile, XLNX has continued to get more expensive and it still isn't cheap. A 23x forward multiple is hefty for the chip space, particularly with semiconductor stocks taking a beating over the last year. There's likely some level of takeover premium already embedded in the stock, meaning that if a takeover doesn't come, even strong growth may not lead to much upside.That said, there are reasons why Xilinx has been considered such an attractive potential buy. The stock is cheaper after a disappointing earnings report in April sent the stock tumbling. And it's worth remembering that, in the chip space, even obvious targets eventually sold for a solid premium. Mobileye sold to Intel (NASDAQ:INTC) despite valuation concerns. Mellanox (NASDAQ:MLNX) soared earlier this year after receiving an offer from Nvidia (NASDAQ:NVDA).In both cases, investors who ignored valuation worries were rewarded. Particularly after the recent decline, investors in XLNX could see a similar payoff.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Retailers Including Disney Agree to Ditch On-Call Scheduling * The 10 Best Stocks for 2019 -- So Far * 7 Small-Cap ETFs to Buy Now Compare Brokers The post 10 Stocks to Buy That Could Be Takeover Targets appeared first on InvestorPlace.

  • GuruFocus.com24 days ago

    Weekly CEO Buys Highlight

    Details the CEO buys this past week for the following companies: Eidos Therapeutics, Intrexon, AGNC Investment, Rattler Midstream and Discovery

  • Oil & Gas Stock Roundup: Shell's Appomattox Start-Up, Rattler Midstream's IPO & More
    Zacks29 days ago

    Oil & Gas Stock Roundup: Shell's Appomattox Start-Up, Rattler Midstream's IPO & More

    Royal Dutch Shell (RDS.A) started production at its Appomattox GoM platform. Meanwhile, Rattler Midstream Partners raised $665 million in the year's biggest energy IPO so far.

  • What Makes Apache (APA) a Compelling Buy at the Moment?
    Zackslast month

    What Makes Apache (APA) a Compelling Buy at the Moment?

    Apache (APA) appears to be a solid bet based on its impressive production profile in the Permian along with appreciable midstream efforts and investor-friendly moves.

  • Biggest Energy IPO of 2019: Rattler Midstream Raises $665M
    Zackslast month

    Biggest Energy IPO of 2019: Rattler Midstream Raises $665M

    Rattler Midstream, a subsidiary of Diamondback Energy (FANG), priced its IPO at $17.50 per unit, in the middle of its previously indicated range of $16 to $19 per unit.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of FANG earnings conference call or presentation 8-May-19 2:00pm GMT

    Q1 2019 Diamondback Energy Inc Earnings Call

  • Add $8 Billion to Oxy's Cost for Anadarko
    Bloomberglast month

    Add $8 Billion to Oxy's Cost for Anadarko

    At close to 6%, the recent victor in the Anadarko wars sports its highest dividend yield in more than 16 years – more than in the energy-sector panic of early 2016 or the financial crisis. To be fair, Oxy’s yield has been higher than average for years. Besting Chevron Corp. was a big score for Oxy’s M&A crew (and corporate jet department) but has, up to this point, been a disaster for valuation.

  • Permian Drillers Steal the Spotlight: 4 Stocks Worth Tracking
    Zackslast month

    Permian Drillers Steal the Spotlight: 4 Stocks Worth Tracking

    Permian drillers are more efficient as they are deploying lesser oil rigs to produce more of the commodity.

  • Apple, Biogen, Diamondback Energy and More: Why These Stocks Are Trending
    Insider Monkeylast month

    Apple, Biogen, Diamondback Energy and More: Why These Stocks Are Trending

    It's been a rather green day on Wall Street as all three major indexes are positive. The Dow Jones is up over 150 points while the S&P 500 is up 0.84%. Among the stocks traders are watching include Apple Inc. (NASDAQ:AAPL), Biogen Inc. (NASDAQ:BIIB), Amgen, Inc. (NASDAQ:AMGN), Deckers Outdoor Corp (NASDAQ:DECK), and Diamondback Energy Inc (NASDAQ:FANG). Let's analyze why each stock is […]

  • Benzingalast month

    BofA: Diamondback Energy's Buyback Program Should Bring Upside

    Diamondback Energy Inc (NASDAQ: FANG)'s share price has appreciated 3.5 percent over the past month, outperforming the S&P 500. The hydrocarbon exploration company has cash remaining after allocating maintenance capital for growth projects and cash returns, Sen said in a Tuesday note.

  • Benzingalast month

    IPO Outlook For The Week: Biotechs And Oil

    For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud . The IPO dates below are expected but not confirmed. Bicycle Therapeutics Ltd (BCYC) will issue more than 4.33 million shares ...

  • The Permian Basin Is Turning Into an ATM for Oil Stock Investors
    Motley Foollast month

    The Permian Basin Is Turning Into an ATM for Oil Stock Investors

    Oil companies are ramping up their cash returns.

  • Read This Before Buying Diamondback Energy, Inc. (NASDAQ:FANG) Shares
    Simply Wall St.last month

    Read This Before Buying Diamondback Energy, Inc. (NASDAQ:FANG) Shares

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...